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Digital Innovation - Strategy and Management Consultancy Opportunity
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Digital Innovation - Strategy and Management Consultancy Opportunity

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This presentation is targeted at sponsors for a Doctorate Degree. The contents of this presentation are suited to those companies that consult with large corporates on the importance of technology and …

This presentation is targeted at sponsors for a Doctorate Degree. The contents of this presentation are suited to those companies that consult with large corporates on the importance of technology and its future impact on markets. Management consultancies as well as strategy consultancy businesses.

Disruptive technologies are reshaping business models and enable companies the opportunity to innovate. A consultancy business can harness these trends and use them to help clients on-board new technologies that can offer clients new ways to compete and new revenue opportunities.

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  • 1. DIGITAL INNOVATION Sponsorship for a doctorate degree
  • 2. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY I want to work with an organisation to help them harness digital innovation. I am passionate and committed to helping deliver tangible results. The doctorate is a vehicle for me to gain a qualification whilst being relevant and commercially beneficial to an organisation. Digital technologies offer unique opportunities to strategically fuel growth.
  • 3. Part 1 Sponsorship Part 2 Disruptive Technologies This presentation has two sections: Part 1 – Sponsorship Proposition Part 2 – Background Information On Digital Technologies What this section is about: How I can help your organisation develop digital capabilities: - Create new revenue streams - Save costs - Develop new services/products - Improve productivity - Create new market opportunities - Gain competitive advantage - Or conduct research which can be used for clients or internally What section this is about: This section details the main technologies that are forcing businesses to change. - The main digital technologies transforming business - Forecasted growth of key technologies - Examples of new start-ups and business models - Some models business success factors - Key points on each technology
  • 4. Part 1 Sponsorship Part 2 Disruptive Technologies How do businesses benefit from sponsorship? Benefits • Doctorate is focused on delivering research and insights into digital over a three year period that can be used to: • develop commercial projects. • sell insights and research to clients. • use as foundation for consulting projects. • use to develop engagement strategies with potential clients. • Businesses benefit by getting creative and breakthrough thinking that has commercial application. The emphasis is on harnessing digital technologies to innovate. • Research focus is on an area of digital that offer organisations opportunities to innovate.
  • 5. Part 1 Sponsorship Part 2 Disruptive Technologies Type of Doctorate I am flexible as to whether an organisation wants to focus more on research or on projects. There are two types of doctorate that fit to different organisational needs. PhD • PhD is focused on delivering research and insights into digital over a three year period that can be used to: • sell insights and research to clients. • use as foundation for consulting projects. • use to develop engagement strategies with potential clients. • Businesses benefit by getting deep level of research into a specific area of technology and its potential future commercial applications. EngD • EngD is focused on combining research and delivery of commercial projects from conception through to testing and scaling. • Can be a single project or portfolio of projects • Businesses benefit by developing projects that exploit digital technologies for commercial gain.
  • 6. Part 1 Sponsorship Part 2 Disruptive Technologies Skills • Extensive experience in planning and delivering large scale technology projects e.g. Hp European audit programme. • Sales and marketing experience gained from working in organisations like Kraft (Mondelez), Nielsen and Ingram Micro. • Direct agency experience working with brands like Hp, Microsoft, Gillette and Nokia. • Consultancy experience acquired through working with SME’s and government bodies e.g. Oxford County Council. • Excellent understanding of technology platforms • Experienced project lead who is adept at managing multiple shareholder project. Qualifications • Executive MBA (Warwick Business School) • PGCE (University of Bedfordshire) • BSc Chemistry (University of Manchester) Who is Gary Fox?
  • 7. Part 1 Sponsorship Part 2 Disruptive Technologies Areas of Research Digital innovation involves a combination of digital technologies to deliver new business models, services or products. • Social technologies – collaborative technologies • Cloud technologies – cloud platforms, services and applications • Internet of Things – connected devices • Big Data – adding value through analysis of large data sets. • Mobile – mobile applications and tools • Interfaces – interaction via different technologies
  • 8. Part 1 Sponsorship Part 2 Disruptive Technologies University of Warwick - IIPSI University of Warwick has a dedicated digital team focused on commercial exploitation of new digital technologies: • The International Institute for Product and Service Innovation (IIPSI). Digital Innovation Group • IIPSI works on cutting-edge interdisciplinary research alongside businesses to creatively innovate and deliver real impact • Focused on the convergence of connectivity, community, content and objects.
  • 9. Part 1 Sponsorship Part 2 Disruptive Technologies Summary What you get: • Research that provides insights and opportunities to innovate • Strategic thinking applied to how digital capabilities can enhance business performance • Ideas to create competitive advantage using digital technologies • Development of new digital capabilities that can positively improve profits
  • 10. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY The UK’s combined public and private investment in R&D has been “relatively static” at around 1.8pc of GDP since the early 1990s before it dropped to 1.7pc in 2012. The figures compare to the 2.8pc of GDP spent by America; 4pc by South Korea and more than 2pc by France and Germany. There is political and economic pressure to increase investment in innovation the UK Source: http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/digital-media/10980895/Government-must-double-funding-for-innovation- to-compete-admits-Vince-Cable.html
  • 11. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY DIGITAL TECHNOLOGY Organisations can choose different routes for digital innovation. INTERNAL PROJECTS Identify project(s) that significantly improve organisations capabilities. Projects internally led and managed. PARTNER PROJECTS Identify cross organisational projects that improve operations. Projects led by main organisation and partners. CONSORTIA Develop consortia for development of project(s) based on mix of stakeholders. Project team formed from multiple stakeholders. Academic research establishes opportunities, research, methodology, business model and works on project. .
  • 12. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY ACADEMIC Harness leading academic research and to develop projects: transfer technological knowledge define and research commercial opportunities leverage academic research methodologies and tools DIGITAL TECHNOLOGY GOVERNMENT The government is funding innovation projects that help drive the UK economy: - create jobs - increase competitive position of UK - deliver new products / services - boost economic growth (ref: Strategic Innovation Board) PRIVATE Private investors seeking to invest in innovation projects with potential high yields. - identify investment opportunities - exploitation points - investment vehicles - develop knowledge and research COMMERCIAL Commercial organisations can benefit from a collaborative approach. - access funding opportunities - coordination of research projects - exploit research outcomes - benefit from shared knowledge Templates and models that provide a toolset to support stakeholders and partners.
  • 13. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY Collaborative exploitation of commercial opportunities. Identify stakeholders interested in benefitting from digital technology: − strategic clusters − research partners − government − companies & investors Identify exploitation of technology and benefits to stakeholders: - business model - commercial benefits - financial return Define technology properties and opportunities for innovation − changes in business models − economic factors − scale of change − timeline for impact Proposal for project: - governing stakeholders - process and methodology - funding and resources required - key stakeholders roles - timeline and ROI Define potential projects and research areas including participating stakeholders: - key deliverables - resources required - timeline
  • 14. Part 1 Sponsorship Part 2 Disruptive Technologies Next Steps Explore opportunities to deliver a digitally based service or product and an associated business model Contact Gary Fox 07789914857 gary@tribalcafe.co.uk
  • 15. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY KEY BENEFITS • Lower IT costs • Improve productivity • Increase market share • Improve service levels • Reduce cost of services • Reduce customer turnover • Increase market share • Produce new products/services • Monetize services • Develop new revenue streams DISRUPTIVE DIGITAL TECHNOLOGIES
  • 16. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY DISRUPTION • Disruptive technologies have broad reach affecting (or giving rise to) a wide range of machines, products, or services to disrupt. • An economically disruptive technology has the potential to create massive economic impact. • Technologies transform how people live and work, create new opportunities or shift surplus for businesses, and drive growth or change comparative advantage for nations.
  • 17. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY INNOVATION • "Where will our future revenue and growth come from?" • "What are the barriers that might prevent us from capturing that revenue and growth?" • "What action can we take to maximize the upside and minimize the downside?" • "How do execute our strategies quickly and effectively to stay competitive?"
  • 18. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY NEW THREATS • Tech advances are eliminating barriers to entry and lowering distribution costs, leading new competitors to challenge— even upend—established players by offering customers value in new ways. • Getting close to the customer and giving them a good experience has become table stakes in today’s environment, and CEOs now know that they need to do more than that to keep their customers happy.
  • 19. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY IMPACT • Certain emerging technologies could be used in combination, reinforcing each other and potentially driving far greater economic impact. • These technologies have significant potential to drive economic growth and even change the sources of comparative advantages among businesses. • Business leaders need to be on the winning side of these changes, being early adopters or innovators or by turning a disruptive threat into an opportunity.
  • 20. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY TECHNOLOGY DRIVERS ARE EXPONENTIAL
  • 21. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY By 2017 cloud services will drive 17% of IT product spending. Internet of Things The Internet of Things (IoT), excluding PCs, tablets and smartphones, will grow from 0.9Bn to 26 billion devices in 2020 . By 2020 it will contribute $1.9 Trillion in global economic value. Interfaces Big Data Digital data will grow from 2.8 zettabytes in 2012 to 40 Zettabytes in 2020. Big Data Market in 2014 is worth $18.6 B, and is projected to increase to $50 B in 2017 Social Social network users worldwide to grow to 2.55Bn by 2017. .Global revenue of social networking sites will hit $30.1 billion by 2017. Cloud Mobile Public cloud services will grow from 47Bn in 2013 to $131Bn in 2017. By 2017, mobile apps downloads are forecast to reach 268 billion times, generating $77Bn. By 2017, wearable devices will drive 50 percent of total app interactions. Crypto-currency Crypto-currency offer unique security features that will transform cloud security - http://maidsafe.net/ Total Market Cap Crypto- Currencies - $8Bn (May 2014). By 2017, the human machine interface (display/touch) market is expected to reach $4Bn. Global Voice Recognition Market To Reach $113 Bn In 2017. DIGITAL TECHNOLOGIES ARE SET FOR HIGH GROWTH
  • 22. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY ORGANISATIONS NEED TO DEVELOP THEIR CAPABILITIES TO COMPETE • Identify opportunities for value creation • Provide a structured view of benefits and risks • Establish governance initiatives • Develop an innovation process • Design, test and implement successful projects
  • 23. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY DIGITAL TECHNOLOGIES WILL CHANGE WORK AND SOCIETY
  • 24. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY SOCIAL TECHNOLOGIES Market Forecast Key Points • Social media users worldwide will grow from 1.47 Bn to 2.55Bn in 2017, 34.5% of all internet users (source: eMarketer). • Social networking accounts for 30% of all time spent online (source: eMarketer) • Total global revenue of social networking sites will hit $30.1 billion by 2017 (source: Generator) • By 2017 CRM software is projected to be worth $37Bn, 15.1% CAGR from 2012, and will become socially integrated. • Collaborative spaces enable supply chain innovation • Internal social technologies drive efficiencies and enable smarter working • Improved speed of change – change management programmes • Social CRM - enhanced segmentation and personalisation • Improved customer loyalty through brand communities • Deeper understanding of customer behaviours and feedback MIT Research: 40% of productivity is directly explained by the amount of communication team members have with others. Employees with the most extensive digital networks are 7% more productive than their colleagues.
  • 25. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY CLOUD TECHNOLOGIES Market Forecast Key Points • The public cloud services market is expected to grow at a five-year CAGR of 17.4% through 2017, to $131Bn (source: Gartner) • Cloud technology has the potential to improve productivity across $3 trillion in global enterprise IT spending (source: McKinsey) • Boston Consulting Group estimates that SaaS is a $15B market, growing at three times that rate of traditional software. • Reduce capital expenditure on IT • Reduce time-to-market • Provide greater flexibility to support agile business strategies • Enable faster response time to competitive conditions • Create collaborative solutions in value chain • Provide real time access to data and analytics - anytime, anywhere on any device. • New enterprise tool kit(s) to unify workforce (outsourced/inhouse) • Create new online products and services Cloud will rapidly move from isolated Cloud platforms to Cloud to Cloud integration. New innovative solutions to data management, processes and services will result from integrating, aggregating and orchestrating cloud assets offering organisations greater agility, scalability, and cost savings.
  • 26. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY BIG DATA AND ANALYTICS Market Forecast Key Points • 90% of world's data generated over last two years (source: IBM) • Big Data will grow from 2.8 zettabytes in 2012 and will reach 40 zettabytes in 2020. • Big Data Market reached $18.6 B, in 2013 and is forecast to be worth $50 B in 2017 (source: Gartner) • The growth rate represents a 31% Compound Annual Growth Rate (CAGR) over the four year period 2013-2017 • Healthcare - range from comparative effectiveness research to the next generation of clinical decision support systems. • Public Sector - smart cities, where people, places and administrations get connected through novel ICT services and networks. • Manufacturing - efficiency gains and predictive maintenance. • Retail - highly efficient and personalized customer assistance services. personalized and high-quality Efficient Consumer Response (ECR). Big Data is large pools of data that can be captured, communicated, aggregated, stored and analysed. Traditionally data has been about transactions with little human context. Combining different types of data leads to a much richer way to reveal insights that can drive innovation.
  • 27. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY INTERNET OF THINGS Market Forecast Key Points • Internet of things: $8.9 trillion market by 2020, 212 billion connected things (source: IDC) • IoT is growing over three times as fast as traditional ICT • The Internet of Things (IoT), which excludes PCs, tablets and smartphones, will grow to 26 billion units installed in 2020 representing an almost 30-fold increase from 0.9 billion in 2009. • Real time interactive signage and promotions • Efficiency gains in logistics and manufacturing • Reduced stock levels • Intelligent environments • Automated systems as services • Predictive capabilities linked to consumption of products • More effective use of resources via tracking • Turning data into insights and services that people can use to improve their life, health and behaviours. The rise of objects that connect themselves to the internet, from cars to heart monitors to stoplights, is unleashing a wave of new possibilities for data gathering, predictive analytics, and IT automation. The 'big data' resulting from these devices will drive innovation in both services and products.
  • 28. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY MOBILE Market Forecast Key Points • According to the Cisco Visual Networking Index Global Mobile Data Traffic Forecast for 2013 to 2018, worldwide mobile data traffic will increase nearly 11-fold and reach an annual run rate of 190 exabytes by 2018. • Mobile broadband subscribers will grow from 1.6Bn connections in 2012 to 5.1Bn in 2018 (source: GSMA). • M-payments will be worth $231 billion in 2013 and $707 billion in 2017. • Reduce • Integrated holistic systems will link up devices, products and services. Apps will synchronise across the mobile system. • Connected cars that sync with our home and offer added value services. • Wearables and adjacent devices that work with apps on smartphones and tablets. • Mobile will deliver on demand services - entertainment, translation, communications and assistance. Topping MGI’s list of some of most economically disruptive technologies, is mobile internet, which has continued to grow at a dramatic rate. By 2025, its economic impact could range between $4 to $11 trillion a year and bring an estimated 3 billion more people into to the “wired world.”
  • 29. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY DIGITAL INTERFACES Market Forecast Key Points • The global market for voice recognition is expected to reach $117Bn by 2017, up from $47Bn in 2011. • The overall Global Gesture Recognition market will be grow at a CAGR of 28.5 percent during the forecast period • Many types of interfaces have yet to be categorised and forecasts developed. Overall the market is seeing aggressive acquisitions. • Reduce Whether it is gaming, smartphones or smart devices, the way we interact with the digital world is rapidly advancing. New technologies are emerging that present new ways to communicate, record and interact with machines. These include: • Gesture Recognition • Eye Tracking • Touch Screens and Haptics • Speech Recognition • Augmented Reality • Thought control Many devices are providing open development opportunities for developers to extend their products and build further applications that harness a smart devices capabilities or allow for integration.
  • 30. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY SUMMARY • Digital innovation is rapid and disruptive • Digitalization raises questions about strategy, leadership, structure, talent, financing and almost everything else. • Organisations need to understand how disruptive digital technologies: • will impact their markets • enable performance gains • create opportunities to innovate • A focused resource can help answer these questions and build digital capabilities
  • 31. Part 1 Sponsorship Part 2 Disruptive Technologies DIGITAL CHANGE EXAMPLES DIGITAL DRIVERS SOCIAL CLOUD BIG DATA INTERNET OF THINGS MOBILE INTERFACES SUMMARY Next Steps • Setup initial meeting to find out how IPPSI / doctorate sponsorship can benefit your organisation • Explore opportunities to deliver a digitally based service or product and an associated business model Contact Gary Fox 07789914857 gary@tribalcafe.co.uk

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